Chembio Diagnostics, Inc., together with its subsidiaries, develops, manufactures, and commercializes point-of-care (POC) diagnostic tests that are used to detect or monitor diseases. It offers tests for HIV and Syphilis, and Zika virus. The company also develops tests for malaria, Dengue virus, chikungunya virus, Ebola, Lassa, Marburg, leptospirosis, Rickettsia typhi, Burkholderia pseudomallei, and Orientia tsutsugamushi. It sells its products under the STAT-PAK, SURE CHECK, STAT VIEW, or DPP trademarks, as well as under the private labels of its marketing partners to medical laboratories and hospitals, governmental and public health entities, non-governmental organizations, medical professionals, and retail establishments in the United States and internationally. The company has collaboration agreements with Concussion Science Group Division of Perseus Science Group LLC for the development of a POC diagnostic test for traumatic brain injury; international diagnostics company to develop a POC diagnostic test for a specific type of cancer; and AstraZeneca for the development of a POC assay for a novel biomarker, as well as with LumiraDx to develop POC diagnostic tests. Chembio Diagnostics, Inc. was founded in 1985 and is headquartered in Medford, New York.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:CEMI
CUSIPN/A
Phone631-924-1135
Debt
Debt-to-Equity Ratio0.02
Current Ratio3.53
Quick Ratio2.58
Price-To-Earnings
Trailing P/E Ratio-18.92
Forward P/E Ratio-22.36
P/E GrowthN/A
Sales & Book Value
Annual Sales$24.01 million
Price / Sales5.81
Cash FlowN/A
Price / CashN/A
Book Value$1.06 per share
Price / Book9.28
Profitability
EPS (Most Recent Fiscal Year)($0.52)
Net Income$-6,370,000.00
Net Margins-16.54%
Return on Equity-26.91%
Return on Assets-21.13%
Miscellaneous
Employees165
Outstanding Shares14,170,000
Market Cap$148.82 million
Chembio Diagnostics (NASDAQ:CEMI) Frequently Asked Questions
What is Chembio Diagnostics' stock symbol?
Chembio Diagnostics trades on the NASDAQ under the ticker symbol "CEMI."
How were Chembio Diagnostics' earnings last quarter?
Chembio Diagnostics Inc (NASDAQ:CEMI) issued its quarterly earnings results on Wednesday, August, 8th. The company reported ($0.12) EPS for the quarter, missing the Zacks' consensus estimate of ($0.07) by $0.05. The firm had revenue of $8.72 million for the quarter, compared to the consensus estimate of $6.94 million. Chembio Diagnostics had a negative net margin of 16.54% and a negative return on equity of 26.91%. View Chembio Diagnostics' Earnings History.
When is Chembio Diagnostics' next earnings date?
What price target have analysts set for CEMI?
1 brokerages have issued 1-year target prices for Chembio Diagnostics' stock. Their forecasts range from $14.00 to $14.00. On average, they expect Chembio Diagnostics' share price to reach $14.00 in the next twelve months. This suggests a possible upside of 42.3% from the stock's current price. View Analyst Price Targets for Chembio Diagnostics.
What is the consensus analysts' recommendation for Chembio Diagnostics?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chembio Diagnostics in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Chembio Diagnostics.
Who are some of Chembio Diagnostics' key competitors?
Some companies that are related to Chembio Diagnostics include Dova Pharmaceuticals (DOVA), Ra Pharmaceuticals (RARX), Aduro BioTech (ADRO), Aurinia Pharmaceuticals (AUPH), Beyondspring (BYSI), TIGENIX/S (TIG), Adamas Pharmaceuticals (ADMS), Cytokinetics (CYTK), Rigel Pharmaceuticals (RIGL), Verastem (VSTM), AC Immune (ACIU), Arbutus Biopharma (ABUS), MediciNova (MNOV), Odonate Therapeutics (ODT) and Prothena (PRTA).
Who are Chembio Diagnostics' key executives?
Chembio Diagnostics' management team includes the folowing people:
- Mr. John J. Sperzel III, Pres, CEO & Director (Age 54)
- Mr. Neil A. Goldman, Exec. VP & CFO (Age 50)
- Mr. Javan Esfandiari, Chief Science & Technology Officer and Exec. VP (Age 51)
- Ms. Sharon Klugewicz, Sr. VP and Chief Quality & Regulatory Officer (Age 50)
- Dr. Robert Passas Ph.D., Sr. VP & Chief Commercial Officer (Age 64)
How do I buy shares of Chembio Diagnostics?
Shares of CEMI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Chembio Diagnostics' stock price today?
One share of CEMI stock can currently be purchased for approximately $9.84.
How big of a company is Chembio Diagnostics?
Chembio Diagnostics has a market capitalization of $148.82 million and generates $24.01 million in revenue each year. The company earns $-6,370,000.00 in net income (profit) each year or ($0.52) on an earnings per share basis. Chembio Diagnostics employs 165 workers across the globe.
What is Chembio Diagnostics' official website?
How can I contact Chembio Diagnostics?
Chembio Diagnostics' mailing address is 3661 HORSEBLOCK ROAD, MEDFORD NY, 11763. The company can be reached via phone at 631-924-1135 or via email at [email protected]
MarketBeat Community Rating for Chembio Diagnostics (NASDAQ CEMI)
MarketBeat's community ratings are surveys of what our community members think about Chembio Diagnostics and other stocks. Vote "Outperform" if you believe CEMI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CEMI will underperform the S&P 500 over the long term. You may vote once every thirty days.
